NBHMarkets is a forex broker. NBH Markets offers the MT4 and MT5 forex trading top platform. NBHMarkets.com offers over 40 forex currency pairs, cfds, cash indices, energies, gold and silver for your personal investment and trading options.
I made a deposit of $750 in March, started trading and made some profit. Their trading conditions are ok. Slippage is sometimes high, as well as spreads. Last week the company blocked my trading account without any notice and stole money from my account. I sent them several emails, but never got any reply. Also, no one replies on their phone number.
Delayed withdraws, Lot of manipulation, High spread and High commision
Service use: Live
Length of use: 0-3 Months
You should Avoid this Broker for the following reasons: 1). E-wallet withdraws will take up to 2 weeks( which normally is instant for most Brokers) 2). Be ready for the High Spread and High commisions 3). Be ready to see candles that you wont see on all Broker. 20 pips Currencies and up to 120 pip on Gold. It has happened a lot of times, Addressed the issue but it didn’t get solved. 4). They closed my trade at 65% and said it is a Margin stop out level while they normal stop out level is 50%. The funny part is not the fact that they caused me a 2700$ loss but the way the trade was closed. Exactly the same price was touched twice, at first time the trade is not closed (because the margin was 65%) but the second time after two hours the trade is closed and the trade doesn’t show the stop out Margin level
WHAT A SCAM BROKER.
Reply by NBH Markets submitted Jun 23, 2020:
We are sorry to hear about your unsatisfactory experience.
Customer satisfaction is our top priority. In other words, we want you, as our client, to be happy.
We are a transparent broker, and for this reason, we clearly state on our website the commission charges. [https://nbhm.com/trading/accounts/account-type-comparison/]
In addition, customer safety is of the utmost importance here at NBHM. For this reason, we offer a Civil Liability Insurance up to $5,000,000 with Lloyd’s of London. [https://nbhm.com/about/insurance/]
According to our records, all your concerns and issues were resolved and handled by the appropriate departments.
However, if you feel that there is something more that we can do, please let our dedicated support team know at email@example.com or simply request a callback [https://nbhm.com/about/support/] and we will make sure that you are 100% satisfied with the outcome.